Register

Sara has a loan for $1800 at a rate of 16% annually. How much interest will she pay in 4 years? A) $144.00 B) $288.00 C) $1152.00 D) $2952.00

Sara has a loan for $1800 at a rate of 16% annually. How much interest will she pay in 4 years? A) $144.00 B) $288.00 C) $1152.00 D) $2952.00
asked 200k views
3 votes
Sara has a loan for $1800 at a rate of 16% annually. How much interest will she pay in 4 years?

A) $144.00
B) $288.00
C) $1152.00
D) $2952.00

asked
User Florieger
by
8.2k points

2 Answers

1 vote

Answer:

C) $1152.00

Explanation:

answered
User Leonardo Andrade
by
8.4k points
7 votes
The correct answer is b because if you multiply 1800 by 0.16 then you get 288
answered
User Steve Jackson
by
8.4k points
← Prev Question Next Question →

Related questions

User GetShifting
asked May 24, 2018 186k views
vehicle, purchased for $5,000, depreciates at 10% per annum. What will be its value after 5 years? $2952
GetShifting asked May 24, 2018
by GetShifting
9.0k points
1 answer
0 votes
186k views
Ask a Question
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.

Categories

Other Questions

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
Link Copied!